What is Steem?
Steem is Social Networking with Rewards. Steem is an aggregate social networking site where users, or "Steemians", post original content, links from the Internet and questions. Steem users upvote or downvote this content to promote interesting post and reward the author.
What is Steemit power?
Steemit is a relatively new company, founded in early 2016 by Ned Scott and Daniel Larimer. ... Steemit is powered by blockchain technology and uses a new cryptocurrency to reward users who upload articles, images, commentary, etc. Other ways users can get paid is through sourcing and up-voting popular content.
What is Steem coin?
Steemit is a relatively new company, founded in early 2016 by Ned Scott and Daniel Larimer. ... Steemit is powered by blockchain technology and uses a new cryptocurrency to reward users who upload articles, images, commentary, etc. Other ways users can get paid is through sourcing and up-voting popular content.
What is a Steem dollar?
STEEM Dollars (SBD) are a new approach to creating a robust, counter-party free, pegged currency. Holding SBD pays interest. SBD is always convertible to $1.00 worth of STEEM.